More Japan data - Jobless Rate for March: 2.5%(expected 2.4%)

Japanese Jobless Rate for March comes in higher at 2.5%

• expected 2.4%, prior was 2.3%

Job-To-Applicant Ratio for March 1.63

• expected 1.63, prior was 1.63

In other data Tokyo area CPI has come in higher than expected across all three measures:

• Japan data - Tokyo area CPI headline 1.4% y/y (expected 1.1%)

CPI up, unemployment up.

OMG.

Should I start freaking out about stagflation now?

Maybe after the weekend ….